PodcastOne Expands Slate Of Original Programming, Acquires Exclusive Rights To Vigilante Podcast, Including IP For TV/ Film; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
PodcastOne, a subsidiary of LiveOne, has acquired exclusive sales and distribution rights, as well as certain ownership and IP rights, to the true crime podcast, Vigilante. The podcast was named 'Best True Crime Podcast of 2022' and has over 2 million downloads to date. No financial terms of the deal were disclosed.
November 03, 2023 | 3:52 pm
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POSITIVE IMPACT
As the parent company of PodcastOne, LiveOne could potentially benefit from the increased revenues that may result from the acquisition of Vigilante.
LiveOne, as the parent company of PodcastOne, could potentially benefit from the increased revenues that may result from the acquisition of Vigilante. However, the financial impact on LiveOne will depend on the success of the podcast under PodcastOne's platform.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
PodcastOne's acquisition of Vigilante could potentially boost its content offering and attract more listeners, potentially leading to increased revenues.
The acquisition of a popular podcast like Vigilante could attract more listeners to PodcastOne's platform, potentially leading to increased ad revenues. However, the financial terms of the deal were not disclosed, so it's unclear how much PodcastOne invested in this acquisition.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100